How To Develop Your Own Crypto Token

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How To Develop Your Own Crypto Token
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What is Crypto Token
A crypto token is a virtual currency token or a
denomination of a cryptocurrency. It represents
a tradable asset or utility that resides on its
own blockchain and allows the holder to use it
for investment or economic purposes.
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How To Build Tokens

• Adapted from SaaS models, blockchain as a service
  (BaaS) offers to develop and implement specific
• Smart Contracts to host tokens on a blockchain
  for a number of different purposes(as coded in
  the contract). In a systematic way, building
  tokens go
• through 3 main stages
• Define token properties
• Develop a smart contract
• Deploy the contract on a blockchain

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1. Define Token Properties
A token has a number of different use-cases
depending upon the context of its use e.g, if
you are deploying a token to attract investors,
you will use ERC-20 tokens. The tokens specifies
the following- The total supply of tokens
Tokens name and symbol Tokens inherit and
specific features/functions
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2. Develop a Smart Contract
All the tokens are governed by the basic
fundamentals of Smart Contracts, so when you
are building a token, you have to code the smart
contracts according to the properties and
features the token holds.
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3. Deploy the contract on blockchain

• As tokens run on top of blockchains, the smart
  contracts, which are now fully encrypted by
  means of cryptography, are deployed on a
  particular blockchain to run and perform its
  functions and complete the transactions.

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Thank you
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